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Social Care Home

Turnover - £3m
Sector - Healthcare

The Project:

Owner required support to stabilise the business following the addition of a second home which caused operational and financial issues


  • Bank support and 6 month OD extension

  • Regional Development Fund support

  • Cash headroom created whilst operational actions recovered occupancy

  • Profitability recovered leading to;

    • Repayment of OD extension within 6 months

    • Return to mainstream Banking within 12 months &

    • Core OD removal within 18 months

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